Mining Blog & Mining News

Blog • 27 July 2023, Thursday, 11:40

Ripple is Going to Zero as XRP Price Drops 15% in a Week and Evil Pepe Just Raised $950,000 – How to Buy Early?

Ripple is Going to Zero as XRP Price Drops 15% in a Week and Evil Pepe Just Raised $950,000 – How to Buy Early? As Ripple remains jubilant following recent lawsuit victory against the Securities and Exchange Commission (SEC), price action for network native XRP token remains in a tumultuous retracement.Far from the dreams of riches that had enticed many intrepid investors to stack large amounts of XRP ahead of the case ruling, lacklustre performance by the XRP token has sent ripples of disappoin...

Blog • 27 July 2023, Thursday, 11:30

Cosmos Blockchain Project Faces 'Existential' Challenge with Terra's Fall and Ethereum's Rise

Cosmos Blockchain Project Faces 'Existential' Challenge with Terra's Fall and Ethereum's Rise Cosmos, a once-pioneering blockchain ecosystem renowned for its groundbreaking concept of interconnected blockchains called "appchains" and its innovative proof-of-stake consensus mechanism, is now facing an uphill battle for survival. The blockchain ecosystem faces existential challenges in the wake of Terra's collapse and the meteoric rise of Ethereum.Terra's Fall and DeFi&...

Blog • 27 July 2023, Thursday, 11:10

Solana Price Prediction as SOL Suddenly Blasts Up 8% in 24 Hours – Are Whales Buying?

Solana Price Prediction as SOL Suddenly Blasts Up 8% in 24 Hours – Are Whales Buying? The Solana price has bounced by as much as 8% today, with its rise to $25.29 coming after the Federal Reserve pushed its base rate up by another 0.25% yesterday.It's expected that this hike will be one of the very last of the current economic cycle, with this expectation helping to buoy the cryptocurrency market as a whole, with SOL now up by 52% in the last 30 days.And with the altcoin also having recovere...

Blog • 27 July 2023, Thursday, 11:00

XXX Meme Coin Spikes Up 200% Within Minutes of Launch and Crypto Whales Say This is the Next Crypto to Explode

XXX Meme Coin Spikes Up 200% Within Minutes of Launch and Crypto Whales Say This is the Next Crypto to Explode The past week has seen a surge of 'X' themed meme tokens launching straight to DEX, as token makers rush to profit of Elon Musk's now infamous Twitter rebrand to X.com.And the latest altcoin entrant to ignite a moon-shot pump is no different, with XXX token flying to the top of DEXtools 'Hot Pairs' list overnight.XXX Token Blasts Up +9,000% In DEX Moon-ShotNow listed...

Blog • 27 July 2023, Thursday, 10:50

Stellar Price Prediction as XLM Pumps Up 12% – Can Stellar Overtake XRP?

Stellar Price Prediction as XLM Pumps Up 12% – Can Stellar Overtake XRP? The price of Stellar (XLM) has jumped by more than 12% this morning, with its rise to $0.161942 representing a massive 72% gain in the last 30 days.XLM is also up by an impressive 123% since the beginning of the year, with the cryptocurrency being the biggest beneficiary – besides XRP – of Ripple's partial victory against the SEC a couple of weeks ago.And with Stellar witnessing some significant adoption and development...

Blog • 27 July 2023, Thursday, 10:40

Reddit Introduces Largest Gen 4 Collectible NFT Avatar Series 'Retro Reimagined' with Iconic Snoo Character

Reddit Introduces Largest Gen 4 Collectible NFT Avatar Series 'Retro Reimagined' with Iconic Snoo Character Reddit has released the Gen 4 Collectible Avatar series, the largest addition to its limited-edition non-fungible token (NFT) collection yet. GEN 4, titled "Retro Reimagined", is live in the Shop, the Wednesday announcement said. "As our biggest drop to date, you’ll notice a lot of familiar faces as well as some new ones popping up in the Shop," the team said. Collectible Avatars...

Blog • 27 July 2023, Thursday, 09:30

Winklevoss Twins Implement Leaderboard Tactic on Gemini to Boost Derivatives Exchange

Winklevoss Twins Implement Leaderboard Tactic on Gemini to Boost Derivatives Exchange Gemini, the cryptocurrency exchange founded by the billionaire twins Tyler and Cameron Winklevoss, has resorted to a popular tactic to boost activity on its derivatives exchange. The company plans to launch its first-ever "leaderboard" competition in August, offering prizes and recognition for the most successful traders, according to a recent report from Bloomberg. As per the report, users will need to fund th...

Blog • 27 July 2023, Thursday, 08:40

European Blockchain Convention 9, set to be Europe’s largest blockchain event in 2H 2023

European Blockchain Convention 9, set to be Europe’s largest blockchain event in 2H 2023 Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Barcelona, Spain — European Blockchain Convention 9 is set to be Europe's largest blockchain event in 2H 2023, surpassing all its previous editions since the event was launched in 2018. Ready to welcome 5,000 attendees, EBC9 is scheduled for October 24-27, 2023 at the vibrant city of Barcelona, ahead of th...

Blog • 27 July 2023, Thursday, 08:20

US House Financial Services Committee Approves First Crypto Regulatory Framework Bill

US House Financial Services Committee Approves First Crypto Regulatory Framework Bill A key US House Committee on Wednesday passed a bipartisan bill to ensure regulatory clarity for cryptocurrencies.The House Financial Services Committee approved a Republican-led bill in a 35-15 vote, with support from some Democrats including Jim Himes of Connecticut and Ritchie Torres of New York.The bipartisan bill – dubbed the Financial Innovation and Technology for the 21st Century Act – would establish cle...

Blog • 27 July 2023, Thursday, 08:00

Bitcoin Price Prediction: BTC Dips Nearly 3% in Response to Federal Reserve's 25 Basis Point Rate Hike

Bitcoin Price Prediction: BTC Dips Nearly 3% in Response to Federal Reserve's 25 Basis Point Rate Hike Bitcoin's current trading price is 29,464, indicating a slight 0.50% increase on Thursday. However, the cryptocurrency faced a notable dip of nearly 3% in the last seven days in response to the Federal Reserve's decision to raise the federal funds rate by 25 basis points. Despite the economy experiencing moderate growth, the central bank's move to tighten monetary policy has le...

Blog • 27 July 2023, Thursday, 06:10

Russian Regions Welcome Digital Ruble Developments – But When Will CBDC Debut?

Russian Regions Welcome Digital Ruble Developments – But When Will CBDC Debut? Russian regions are welcoming news that the nation’s digital ruble pilot is set to officially launch on August 1, but banks and officials claim that a full CBDC rollout may not come until 2027.Ludmila Panina, the head of the payment systems and settlements department at the Chelyabinsk Branch of the Central Bank told Polit74,“The digital ruble may [roll out to] citizens on a wide scale from around 2025 to 2027.”Expert...

Blog • 27 July 2023, Thursday, 01:40

SEC Charges Quantstamp $28 million For Conducting an Unregistered Initial Coin Offering

SEC Charges Quantstamp $28 million For Conducting an Unregistered Initial Coin Offering Quantstamp, a blockchain security firm, has been ordered by the U.S. Securities and Exchange Commission (SEC) to return $28 million raised in a 2017 unregistered initial coin offering (ICO). On July 21st, the SEC accused Quantstamp of conducting an unregistered ICO, during which they sold their native QSP tokens to approximately 5,000 investors, raising a substantial amount for developing Ethereum blockchain ...

Blog • 27 July 2023, Thursday, 01:10

Russian CBDC Pilot Launch News Draws Mixed Reactions from Biz Community

Russian CBDC Pilot Launch News Draws Mixed Reactions from Biz Community The Russian business community and financial experts have spoken about the potential pitfalls – and possible advantages – of a digital ruble as Moscow prepares for the August launch of a CBDC pilot.Izvestia quoted Sergey Katyrin, the President of the Russian Chamber of Commerce and Industry, as stating that businesses would likely welcome certain aspects of the Central Bank’s CBDC messaging.The bank says that while P2P trans...

Blog • 26 July 2023, Wednesday, 21:20

Decentralized Fiverr and Upwork Platform DeeLance Surges Past $1.6 Million in Funding – 5 Day Countdown Begins

Decentralized Fiverr and Upwork Platform DeeLance Surges Past $1.6 Million in Funding – 5 Day Countdown Begins The countdown has begun for the promising presale in the web3 industry. DeeLance, a platform positioning itself as a future challenger to Fiverr and Upwork, is currently conducting its presale phase, which will conclude in five days. Following the presale, $DLANCE tokens, the native currency of the platform, may only be obtainable through centralized or decentralized cryptocurrency exch...

Blog • 26 July 2023, Wednesday, 20:50

Fed Raises Interest Rates by 25 Bps, Maintains Optionality on Further Hikes – Here is How Crypto Reacted

Fed Raises Interest Rates by 25 Bps, Maintains Optionality on Further Hikes – Here is How Crypto Reacted As broadly expected by market participants, the US Federal Reserve just lifted interest rates by 25 bps, taking them to their highest level in 22 years at 5.25-5.5%.In his post-policy announcement press conference, Fed Chair Jerome Powell signaled that the Fed is maintaining the optionality to hike interest rates further, depending on incoming US economic data.Most analysts seem to think that...

Blog • 26 July 2023, Wednesday, 19:10

CFTC Files Complaint Against Clarksville Couple for $6 Million Digital Assets Scheme

CFTC Files Complaint Against Clarksville Couple for $6 Million Digital Assets Scheme The Commodity Futures Trading Commission (CFTC) has filed a complaint against a couple in Tennessee who convinced people to pay into an investment pool called “Blessings of God Thru Crypto.”The couple, identified as Michael and Amanda Griffis of Clarksville, Tennessee, defrauded more than 100 people across the United States for over $6 million as part of the trading scheme they operated from July 2022 to January...

Blog • 26 July 2023, Wednesday, 18:50

Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Time to Buy?

Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Time to Buy? Amidst the US Federal Reserve's latest policy meeting on Wednesday, Bitcoin price finds itself in a consolidation phase near the $29,300 mark. The much-anticipated announcement revealed a 25 basis points (bps) increase in the policy rate, setting the federal funds rate within the range of 5.25% to 5.5%. As the decision aligns with market expectations, investors are closely observing its potential r...

Blog • 26 July 2023, Wednesday, 18:40

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 18:30

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 18:20

Rain Crypto Exchange Secures License for Virtual Asset Brokerage and Custody in UAE

Rain Crypto Exchange Secures License for Virtual Asset Brokerage and Custody in UAE Rain, a Middle East-based crypto exchange partly backed by Coinbase, has secured a license to operate in the United Arab Emirates (UAE), the firm announced on Tuesday.The granting of the license means that Rain now can call itself a regulated crypto exchange in the UAE, making it easier for local UAE residents and financial institutions to trade between the UAE dirham (AED) fiat currency and cryptocurrencies.Spec...

Blog • 26 July 2023, Wednesday, 18:10

Pro-Crypto Robinhood Taps Former Barclays Executive Jordan Sinclair as CEO for UK Expansion

Pro-Crypto Robinhood Taps Former Barclays Executive Jordan Sinclair as CEO for UK Expansion Pro-crypto brokerage firm Robinhood has appointed former Barclays executive Jordan Sinclair to spearhead its UK expansion. On July 18, the Financial Conduct Authority (FCA) approved Sinclair's appointment as CEO of Robinhood's UK entity, according to a register maintained by the watchdog. Prior to joining Robinhood, Sinclair served as a managing director at European fintech firm Freetrade for ove...

Blog • 26 July 2023, Wednesday, 18:00

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 17:50

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 17:40

Bitcoin's Decline Threatens Crypto's 2023 Lead Over Stocks

Bitcoin's Decline Threatens Crypto's 2023 Lead Over Stocks Despite Bitcoin (BTC)’s promising 76% rally year to date (YTD), some relative stagnancy and a modest decline this month has the digital currency market losing its momentum over the stocks.According to Bloomberg’s gauge of the top 100 digital assets by market cap, crypto has risen ~46% year to date, while the NASDAQ 100 has experienced a near-equal 42% rise.Crypto’s lead was far more pronounced back in April, when the index refl...

Blog • 26 July 2023, Wednesday, 17:30

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 17:20

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 17:10

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 17:00

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 16:50

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

Blog • 26 July 2023, Wednesday, 16:40

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Mo

Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsSouth Korea launched the Joint Investigation Centre for Crypto Crimes,...

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